My mother in law wants to help us out and give/gift us $80,000.
I have researched via google and there is centerlink implications relating to claiming the old age pension if she does.
However she is still working full time and would not qualify for the age pension when/if she does.
She was also concerned that the government (department) would track the payment as it is over $10,000.
Looking for advise to ensure what she wants to do is ok and wont have any negative effect to her.
I have researched via google and there is centerlink implications relating to claiming the old age pension if she does.
However she is still working full time and would not qualify for the age pension when/if she does.
She was also concerned that the government (department) would track the payment as it is over $10,000.
Looking for advise to ensure what she wants to do is ok and wont have any negative effect to her.